An investor leases a building to a tenant who then opens a retail store. The tenant installs a cash register. The cash register is best described as:
A) personal property
B) trade fixture
C) real property
D) leased property

Question

Quizplus · Accepted Answer

A cash register, despite being affixed to the building or attached to a counter, is typically considered a trade fixture rather than real property or personal property. Trade fixtures are items that are affixed to a property for commercial purposes and may be removed by the tenant when the lease ends, as long as any damage caused by the removal is repaired.

An Investor Leases a Building to a Tenant Who Then